Tag: Terry Semel
Yahoo! reported fourth quarter results Tuesday that beat Wall Street expectations but issued a tepid forecast for 2007.
The news sent the stock lower in after-hours trading until Yahoo chief executive officer Terry Semel reassured Wall Street that the company's new search tool would help boost Yahoo's sales later in the year.
Yahoo reported sales of $1.7 billion, up 13 percent from a year ago.
Excluding traffic acquisition costs (TAC), which is the amount of advertising revenue Yahoo shares with partners, the company reported revenue...
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According CNET, Yahoo plans to host a private, internal Webcast for top executives after the close of trading Tuesday; Insiders expect major news.
That news could include significant layoffs or perhaps even the departure of Yahoo Chief Terry Semel, who has come under increased criticism for the company's disappointing performance, according to the source.
The source said that the announcement could also be a major acquisition, given the attention the Webcast has received inside the company.
Yahoo has taken a beating in recent months,...
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Overshadowed by Google, CEO Terry Semel needs to make a move. Now he's flirting with AOL, Fortune reports.
(Fortune) -- Yahoo must have a new appreciation of how Burger King feels about McDonald's: Constantly looking up at No. 1 gets vexing. So it should come as no surprise that Yahoo's chairman and CEO Terry Semel is mulling a number of moves that would impress Wall Street and steal the spotlight from the Google behemoth.
Fortune has learned from multiple sources that Yahoo recently approached Time Warner about buying America Online -...
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According to MarketWatch, an entertainment analyst at Jefferies & Co., Robert Routh, thinks that Viacom may actually merge with Yahoo!.
Why? Well, Yahoo! CEO Terry Semel used to run Warner Bros. and could operate the Paramount division of Viacom. And, of course, he could also take all that cable content and run it through Yahoo!'s multimedia distribution network. Sort of a Google Video on steroids.
Perhaps stock analysts have given up on just doing the old "buy", "hold", and "sell." But Mr. Routh's theory collides with the theory in this...
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Viacom's decision to replace Chief Executive Tom Freston with one of the industry's top deal makers, against a backdrop of declining revenue at its cable networks, sets up a chance for the company to pursue a merger, an analyst said Tuesday.
Meanwhile, CBS Chief Executive Les Moonves, who has watched his company's stock rise 20% since the beginning of 2006, may have put himself in a position to run both Viacom and CBS, others said.
Robert Routh, entertainment analyst at Jefferies & Co., said Viacom should consider a merger with portal...
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World's No. 2 search engine reports results and guidance that disappoint investors; stock tumbles after-hours.
It looks like Yahoo! investors won't have any reason to yodel following the company's slightly disappointing second-quarter results and forecast for the third quarter issued Tuesday.
The company also announced during a conference call with analysts that long-awaited improvements to its search technology, which were expected to be rolled out at the end of the summer, will now be delayed until the fourth quarter. The stock...
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